Hello,
I'm still learning Apex and am having issues this this particular trigger.  We want to automate the creation of a renewal opportunity when an opportunity is moved to Closed won.  

Requirements
1. Opportunity is Won
2. Create a Renewal Opportunity with a close date of +365 days
3. Clone the primary quotes under the original Opportunity and associate them to the renewal Opportunity
4. Clone the Lines under the Original primary quotes and assoicate them to the cloned "renewal" quotes

Here is my code so far.  The error I'm running into is the CPU time limit error, and was gatting the too many SOQL queries earlier.  Your help is greatly appreciated!  

trigger Renewals2 on Opportunity (before update) {
    
    List <SCMC__Customer_Quotation__c> finalCustomerQuotations = new list <SCMC__Customer_Quotation__c>();
    List <SCMC__Customer_Quotation_Line__c> finalCQLines = new list <SCMC__Customer_Quotation_Line__c>();
    Map <ID,Opportunity> OrgOpptoRenewOpp = new Map <ID,Opportunity>();
    Map <ID,SCMC__Customer_Quotation__c> OrgCQtoRenewCQ = new Map <ID,SCMC__Customer_Quotation__c>();
    List <Opportunity> renewalOpps = new list <Opportunity>();
    
    for(Opportunity O : trigger.new){
        if (O.StageName == 'Closed - Won'){
            //Create a renewal Opportunities            
            Opportunity newOpp   = new Opportunity();
            newOpp.name          = O.name+'_RENEWAL';
            newOpp.Stagename     = 'Decision - 60%';
            newOpp.CloseDate     = O.CloseDate + 365;
            newOpp.Description   = 'Renewal';
            newOpp.OwnerId       = O.OwnerId;
            newOpp.AccountId     = O.AccountId;
            renewalOpps.add(newOpp);
            Insert renewalOpps;
            OrgOpptoRenewOpp.put(O.Id, newOpp);
            
            system.debug('This is the Org Opp id Map to new Opp ' + O.Id +' ' + newOpp);

            //Find the primary CQs
                List <SCMC__Customer_Quotation__c> OriginalCQs = [SELECT ID,
                                                                 SCMC__Customer_Account__c,
                                                                 SCMC__Sales_Rep__c,
                                                                 SCMC__Opportunity__c
                                                            FROM SCMC__Customer_Quotation__c
                                                           WHERE SCMC__Opportunity__c = :O.Id
                                                             AND Primary__c = true];
            System.debug('Number of primary CQs = '+ OriginalCQs.size());
            
            //Find the primary CQLines
            List <SCMC__Customer_Quotation_Line__c> OriginalLines = [SELECT ID,
                                                                               SCMC__Item_Number__c,
                                                                               SCMC__Quantity__c,
                                                                               SCMC__Extend_Description__c,
                                                                               SCMC__Lookup_Manufacturer__c,
                                                                               SCMC__Customer_Quotation__r.id
                                                                          FROM SCMC__Customer_Quotation_Line__c
                                                                         WHERE SCMC__Customer_Quotation__c IN :OriginalCQs];
            
            System.debug('Number of CQLines = ' + OriginalLines.size());
            
            //Clone Quotes and Lines
            
            for(SCMC__Customer_Quotation__c OriginalQuote : OriginalCQs){
                
                SCMC__Customer_Quotation__c renewalCQ = new SCMC__Customer_Quotation__c();
                renewalCQ.SCMC__Customer_Account__c     = OriginalQuote.SCMC__Customer_Account__c;
                renewalCQ.SCMC__Sales_Rep__c            = OriginalQuote.SCMC__Sales_Rep__c;
                renewalCQ.SCMC__Opportunity__c          = OrgOpptoRenewOpp.get(OriginalQuote.SCMC__Opportunity__c).Id;
                renewalCQ.Primary__c                    = TRUE;
                renewalCQ.SCMC__Quotation_Expires_On__c = Date.today() + 365;
                renewalCQ.RecordTypeId                  = '012C0000000Qb0x';
                finalCustomerQuotations.add(renewalCQ);
                OrgCQtoRenewCQ.put(OriginalQuote.Id, renewalCQ);
                
                system.debug('map of ORG CQ to Renewal CQ ' + OriginalQuote.Id + ' ' + renewalCQ);
                
            }
            
            Insert finalCustomerQuotations;
            
            for(SCMC__Customer_Quotation_Line__c OriginalLine : OriginalLines){
                SCMC__Customer_Quotation_Line__c renewalLine = new SCMC__Customer_Quotation_Line__c();
                renewalLine.SCMC__Item_Number__c             = OriginalLine.SCMC__Item_Number__c;
                renewalLine.SCMC__Quantity__c                = OriginalLine.SCMC__Quantity__c;
                renewalLine.SCMC__Extend_Description__c      = OriginalLine.SCMC__Extend_Description__c;
                renewalLine.SCMC__Lookup_Manufacturer__c     = OriginalLine.SCMC__Lookup_Manufacturer__c;
                renewalLine.SCMC__Customer_Quotation__c      = OrgCQtoRenewCQ.get(OriginalLine.SCMC__Customer_Quotation__c).id;
                finalCQLines.add(renewalLine);
                
            }
    
        }
        
        
        Insert finalCQLines;
        
        system.debug('number of renewal opps created '+ renewalOpps.size());
        system.debug('number of renewal CQs created '+  finalCustomerQuotations.size());
        system.debug('number of renewal opps created '+ finalCQLines.size());
        
    }
    
}